Changchun Net Working Capital vs Net Receivables Analysis

688276 Stock   25.76  1.48  5.43%   
Changchun BCHT financial indicator trend analysis is way more than just evaluating Changchun BCHT Biote prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changchun BCHT Biote is a good investment. Please check the relationship between Changchun BCHT Net Working Capital and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changchun BCHT Biotechnology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Working Capital vs Net Receivables

Net Working Capital vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changchun BCHT Biote Net Working Capital account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Changchun BCHT's Net Working Capital and Net Receivables is 0.87. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Changchun BCHT Biotechnology, assuming nothing else is changed. The correlation between historical values of Changchun BCHT's Net Working Capital and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Changchun BCHT Biotechnology are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Working Capital i.e., Changchun BCHT's Net Working Capital and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Net Working Capital

Net Receivables

Most indicators from Changchun BCHT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changchun BCHT Biote current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changchun BCHT Biotechnology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 23, 2024, Tax Provision is expected to decline to about 33.3 M. In addition to that, Selling General Administrative is expected to decline to about 599.5 M
 2021 2022 2023 2024 (projected)
Gross Profit1.1B934.2M1.6B1.3B
Total Revenue1.2B1.1B1.8B1.4B

Changchun BCHT fundamental ratios Correlations

0.930.941.00.960.520.780.990.790.950.960.030.960.430.931.0-0.920.990.960.980.90.970.97-0.38
0.930.830.940.890.360.70.930.780.90.92-0.170.860.350.820.93-0.90.920.920.910.890.90.9-0.16
0.940.830.920.980.350.540.960.680.980.910.320.850.421.00.92-0.850.90.910.850.80.940.94-0.65
1.00.940.920.950.540.80.990.80.940.96-0.010.960.420.921.0-0.921.00.960.980.90.970.96-0.34
0.960.890.980.950.30.590.980.640.990.90.260.850.30.980.95-0.840.920.90.880.790.980.98-0.55
0.520.360.350.540.30.820.430.780.320.6-0.440.740.750.350.53-0.630.610.60.660.670.340.330.07
0.780.70.540.80.590.820.710.780.550.74-0.380.890.430.540.8-0.750.840.740.890.790.680.670.06
0.990.930.960.990.980.430.710.730.970.940.110.920.360.950.99-0.890.970.940.950.860.990.98-0.43
0.790.780.680.80.640.780.780.730.70.91-0.410.90.830.670.78-0.950.840.910.860.970.640.63-0.1
0.950.90.980.940.990.320.550.970.70.930.20.840.410.980.94-0.880.910.930.870.830.950.95-0.53
0.960.920.910.960.90.60.740.940.910.93-0.110.960.640.90.95-0.990.971.00.950.970.880.88-0.33
0.03-0.170.32-0.010.26-0.44-0.380.11-0.410.2-0.11-0.14-0.350.320.020.2-0.05-0.11-0.15-0.290.210.22-0.84
0.960.860.850.960.850.740.890.920.90.840.96-0.140.60.840.95-0.950.980.960.990.950.870.87-0.28
0.430.350.420.420.30.750.430.360.830.410.64-0.350.60.420.4-0.710.490.640.490.710.230.22-0.15
0.930.821.00.920.980.350.540.950.670.980.90.320.840.420.92-0.850.90.90.850.80.940.94-0.66
1.00.930.921.00.950.530.80.990.780.940.950.020.950.40.92-0.910.990.950.980.890.970.97-0.35
-0.92-0.9-0.85-0.92-0.84-0.63-0.75-0.89-0.95-0.88-0.990.2-0.95-0.71-0.85-0.91-0.94-0.99-0.93-0.99-0.82-0.820.29
0.990.920.91.00.920.610.840.970.840.910.97-0.050.980.490.90.99-0.940.970.990.930.940.94-0.32
0.960.920.910.960.90.60.740.940.910.931.0-0.110.960.640.90.95-0.990.970.950.970.880.88-0.33
0.980.910.850.980.880.660.890.950.860.870.95-0.150.990.490.850.98-0.930.990.950.930.910.91-0.22
0.90.890.80.90.790.670.790.860.970.830.97-0.290.950.710.80.89-0.990.930.970.930.790.79-0.2
0.970.90.940.970.980.340.680.990.640.950.880.210.870.230.940.97-0.820.940.880.910.791.0-0.48
0.970.90.940.960.980.330.670.980.630.950.880.220.870.220.940.97-0.820.940.880.910.791.0-0.48
-0.38-0.16-0.65-0.34-0.550.070.06-0.43-0.1-0.53-0.33-0.84-0.28-0.15-0.66-0.350.29-0.32-0.33-0.22-0.2-0.48-0.48
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Changchun BCHT Account Relationship Matchups

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Other Information on Investing in Changchun Stock

Balance Sheet is a snapshot of the financial position of Changchun BCHT Biote at a specified time, usually calculated after every quarter, six months, or one year. Changchun BCHT Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Changchun BCHT and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Changchun currently owns. An asset can also be divided into two categories, current and non-current.